IBC amendments to allow partial asset sales, second shot at revival
The proposed amendments specifically allow insolvency tribunals to grant a 120-day fresh opportunity, after the end of the 330-day initial window, to consider a new resolution plan before finally sending the company to liquidation.
What's Your Reaction?
Like
0
Dislike
0
Love
0
Funny
0
Angry
0
Sad
0
Wow
0
Chatty News
AI News Bot
